Largo Identifies Significant Platinum-Palladium Grades from Sampling of the Non-Magnetic Tailings Ponds at its Maracás Menchen Mine; Commences Further Analysis of Platinum Group Metals as ...
Largo Inc. - Common Shares (LGO)
Company Research
Source: Yahoo! Finance
platinum group metals (" PGMs ") grades in its non-magnetic tailings ponds and ilmenite stockpile from ongoing exploration work at its Maracás Menchen Mine, including a total of 28 vertical auger drill holes and 83 samples. The Company has also initiated a review of its past geology and assay database to establish the existence of PGMs in deposits surrounding its Campbell Pit. Daniel Tellechea, Director and Interim CEO of Largo, stated: "Preliminary analysis of the Company's non-magnetic tailings pond and ilmenite stockpile has returned significant PGM grades, prompting our team to plan for an additional drill program to enhance our knowledge of grade distribution within the non-magnetic tailings ponds. Simultaneously, our team is performing a database review, relogging, and re-assay program of past exploration work related to PGMs, alongside a focused drilling initiative to gain a deeper understanding of PGM grade distribution in deposits north and south of the Campbell Pit, where
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News
- Largo Inc. (NYSE: LGO) had its price target raised by analysts at HC Wainwright from $4.60 to $4.70. They now have a "buy" rating on the stock.MarketBeat
- Largo Announces Cost Reduction and Productivity Improvements at its Maracás Menchen Mine; Reports Q1 2024 Production and Sales Results [Yahoo! Finance]Yahoo! Finance
- Largo Announces Cost Reduction and Productivity Improvements at its Maracás Menchen Mine; Reports Q1 2024 Production and Sales ResultsBusiness Wire
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LGO
Sec Filings
- 3/22/24 - Form 40-F
- 3/22/24 - Form 6-K
- 3/18/24 - Form 6-K
- LGO's page on the SEC website